Define Your Mission to Find Your Identity | Entrepreneur's Jason Feifer
The James Altucher Show
James Altucher
4.6 • 2.7K Ratings
🗓️ 6 September 2022
⏱️ 93 minutes
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| 0:00.0 | This isn't your average business podcast and he's not your average host. |
| 0:06.8 | This is the James Altiger show. |
| 0:13.6 | So we were talking about Jay buying a Tesla and how it turns out that there's a market |
| 0:18.7 | for Teslas now. |
| 0:19.7 | They're so hot that he sold his Tesla. |
| 0:22.0 | He'd make $8,000 off the Tesla. |
| 0:23.6 | You just bought and so James and I were saying you should just go out and buy a ton of |
| 0:28.4 | Teslas and try to flip them. |
| 0:29.4 | Turns out Tesla is anticipating that and they will ban you. |
| 0:32.6 | But then James said, but then the market is at some point going to crash and you're going |
| 0:35.3 | to be stuck with a hundred Teslas. |
| 0:36.8 | So what that made me think of was one of my favorite historical figures. |
| 0:40.7 | Have you ever heard of Emperor Norton, Emperor Joshua Norton? |
| 0:45.6 | Is that the Emperor of San Francisco? |
| 0:47.2 | Yes, Emperor of San Francisco. |
| 0:48.8 | You might have told me this story a long time ago. |
| 0:53.6 | To put it out, because I have no idea. |
| 0:55.4 | Okay, we've spoken enough that I'm repeating my stories now. |
| 0:58.6 | So this guy, Joshua Norton, he is South African and moves to San Francisco. |
| 1:07.6 | This is early mid-1800s and he comes to make his fortune and his business man is doing |
| 1:14.6 | pretty well and then he gets this hot tip. |
| 1:17.6 | There is a rice shortage in San Francisco and so the price of rice has skyrocketed and |
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